Strong Pound Affecting London’s Status as a Safe Haven

As the capital city of the UK, London has seen a decade long property boom in its luxury home market but there are signs that things may be changing. An article in The Independent highlights Battersea in London as being a good example. This area had previously seen considerable interest from Asian buyers, but now […]

Situation of the UK Housing Market in 2013

After a period of stagnation, the housing market is expected to pick up in the year 2013. The Officer for Budget Responsibility or the OBR feels that the market will see a rise of nearly 20% in the transactions in the coming financial year. And the annual growth is expected to increase by 4.5% by 2015-16.

More UK Home Starts at the End of 2011

New home starts in England rose by 6% during the last quarter of 2011 compared to the previous quarter, according to data from the Department of Communities and Local Government. Seasonally adjusted figures show 25,240 new homes were started in the last quarter of 2011, but this is still 48% less the house building peak in December 2005.

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